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timama [110]
3 years ago
5

Suppose you're pitching in a softball game and facing a good hitter. you remember that you struck her out with a fastball the la

st time she was up. you also remember that your coach told you to always try to be unpredictable, so you decide to throw a curve ball this time. in making this decision, you are primarily using your ________.
Business
1 answer:
WARRIOR [948]3 years ago
8 0
<span>When you make this decision, you are primarily using your critical thinking. You are using information you were given in the past and applying it to future events.</span>
You might be interested in
You are considering to buy a $250,000 property with a 80% LTV ratio and have two mortgage choices: a FRM or a FRM with an IO per
scoray [572]

Answer:

Statement # 1: False

Statement # 2: True

Statement # 3: False

Statement # 4: True

Explanation:

Lets look at each statement provided in the question and determine which of them is true or false.

Statement # 1 is false. First things first, the interest on this loan amount is higher which is at 4.15%. This is compared to the interest of 4% applicable on loan option 1. Secondly, there is a four year interest only option. This means that for 4 years there will be no repayments of the principal amount which means that the interest of 4.15% will continue to apply on the entire loan amount for these 4 years. In loan 1 however, principal repayments will reduce the principal amount after the 1st year which would further reduce the interest payment in the second year.

Statement # 2 is true. Loan 2 has an interest only period for the first 4 years. During this year you will only pay the 4.15% interest whereas in loan option 1, you will pay 4% interest AND the principal amount. The effect would offset once principal payments start in loan 2 but it would still mean that payments would be minimized in the first few years.

Statement # 3 is false. One of the advantages of having a loan with an interest free clause is that you can pay it off faster than a conventional loan. Since both the loans are fully amortizing, the principal payments would be different but would both result in the principal being repaid in the full 30 year tenor. Any extra payment that you wish to make would be counted towards principal payment in each loan option. However, for loan 1, the total monthly payments you make would remain the same. For loan 2, the extra payments that you make will continue to lower the monthly payments in way of interest which would allow you to save up more to pay more off in principal. The interest only period will also allow you to arrange extra funds during the IO period and repay the principal further. With loan 1, you will continue to make the same monthly payment until the end.

Statement # 4 is true. A fixed payment is being made each year by way of interest and principal repayments and will remain the same till the loan is fully amortized at maturity. In loan 2 on the other hand, a larger balloon payment will start 4 years later since only interest is paid in the first 4 years. So basically you may lower in the first 4 years and more in the remaining years.

5 0
3 years ago
Sandel Company makes 2 products, footballs and baseballs. Additional information follows: Footballs Baseballs Units 4,000 2,500
aleksandr82 [10.1K]

Answer:

Contribution margin per unit Footballs $6 per unit, Baseballs $7.2 per unit.

Baseball.

Explanation:

FootBalls:

Sale Price per unit = Sales / Units

Sale Price per unit = $60,000 / 4,000 units

Sale Price per unit = $15 per unit

Variable Cost per unit = Variable Cost / Units

Variable Cost per unit = $36,000 / 4,000

Variable Cost per unit = $9 per unit

Contribution Margin per unit = Sale Price per unit - Variable Cost per unit

Contribution Margin per unit = $15 per unit - $9 per unit

Contribution Margin per unit = $6 per unit

Baseballs:

Sale Price per unit = Sales / Units

Sale Price per unit = $25,000 / 2,500 units

Sale Price per unit = $10 per unit

Variable Cost per unit = Variable Cost / Units

Variable Cost per unit = $7,000 / 2,500

Variable Cost per unit = $2.8 per unit

Contribution Margin per unit = Sale Price per unit - Variable Cost per unit

Contribution Margin per unit = $10 per unit - $2.8 per unit

Contribution Margin per unit = $7.2 per unit

Contribution Margin per Unit tells Sandel that which product contribute higher in consuming fixed cost after contributing the variable cost from sales, in order to earn greater profit. Hence, Sandal should tell his people to emphasize on Baseball, as have, higher Contribution Margin per unit.

4 0
3 years ago
Which academic skill allows people to explore new concepts?
nexus9112 [7]
Well, usually it's theatrical math.
Hope I got it correct. 
3 0
3 years ago
Read 2 more answers
Purchases in May were $65,000​, while expected purchases for June and July are $75,000 and $93,000​, respectively. All purchases
guapka [62]

Answer:

$61,000

Explanation:

The computation of June payments for purchases budgeted is shown below:-

June payments for purchases budgeted = Purchase of June × Purchase percentage + May purchase × Percentage of the following month

= $75,000 × 25% + $65,000 × 65%

= $18,750 + $42,250

= $61,000

Therefore for computing the June payments for purchases budgeted we simply applied the above formula.

3 0
3 years ago
You purchased a share of stock for $29. One year later you received $2.40 as dividend and sold the share for $28. Your holding-p
bekas [8.4K]

Answer:

4.83%

Explanation:

Given that

Income = 28

End of period value = 2.40

Original value = 29

Recall that

HPR = ((Income + (end of period value - original value)) / original value) × 100

Therefore,

HPR = 28 + (2.40 - 29)/29 × 100

= (28 + ( - 26.6) / 29) × 100

= (1.4 / 29) × 100

= 0.04827 × 100

= 4. 83%

5 0
3 years ago
Read 2 more answers
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